2 US Senators Reach Accord on Health Law Changes, with Trump’s Support
-
Two key
The accord between Republican Senator
Trump, at a
Trump last week ended subsidies to insurance companies, billions of dollars in reimbursements the government was paying to the insurers to offset their costs to provide cheaper insurance policies to low-income people.
Plan would restore payments
The Alexander-Murray agreement would restore those payments, a policy heavily favored by
At the same time, in a proposal aimed at winning Republican support for the compromise, state governors, rather than state legislatures, would be given the right to approve insurance plans that provide "comparable affordability" to Obamacare plans on the market, Alexander said.
Senate Minority Leader
But whether
Polls show support for Obamacare
While
Since then, the law has gained in popularity, with national polls showing a majority of Americans want to keep it.
Most American workers get their health insurance coverage through their employers, with the government subsidizing health care payments for older, disabled and poorer Americans. Those most affected by the latest fight over the law are the 20 million people who get insurance under Obamacare, buying their insurance as individuals rather than helping pay for it at a workplace.


In floor speech, says bill will create more choices for health insurance, fund subsides that pay low-income Americans copays and deductibles
Chairman Crowley Statement on Alexander-Murray Health Care Compromise
Advisor News
- U.S. debt hits $40 trillion: how to support concerned clients
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
More Advisor NewsAnnuity News
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News